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US approves some Nvidia chip exports to UAE
The US has approved several billion dollars’ worth of Nvidia chip exports to the United Arab Emirates, marking the first permits for such AI chip sales since President Donald Trump took office, according to Bloomberg.
The licenses were issued as part of a bilateral AI deal reached in May, involving a planned five-gigawatt data center in the UAE’s capital with OpenAI as an anchor tenant.
Nvidia declined to comment, while the US Commerce Department expressed strong support for the US-UAE AI partnership, but did not specify the value or shipment details.
The approval follows an Emirati commitment to invest a matching amount in the US, with plans to invest US$1.4 trillion over the next ten years.
The initial batch of licenses does not cover G42, an AI firm from the UAE working with OpenAI, though a fifth of future shipments may go to them.
Up to 500,000 chips can be exported annually under the deal, with further licenses depending on UAE investment progress.
🔗 Source: Bloomberg
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